How Much Does 2014 Cadillac XTS Car Insurance Cost?

No normal person enjoys paying for insurance, especially when they know the prices are way too high. Companies like Progressive, State Farm and GEICO all promote huge savings with ad campaigns and it is difficult to see past the corporate glitz and do the work needed to find the best deal.

You need to price shop coverage before your next renewal since rates change frequently. Just because you had the lowest rate for XTS coverage a few years ago there may be better deals available now. Ignore everything you know about insurance because you’re going to get a crash course in how to quote online to save money, get proper coverage and the best rates.

If you have a policy now or are just looking to switch companies, you can learn to cut your premiums while maximizing coverage. Finding the best rates is not that difficult. Vehicle owners only need to know the proper way to shop online.

Don’t overlook these car insurance discounts

Auto insurance companies don’t always advertise the entire discount list very well, so the following is a list of some of the more common as well as the least known car insurance savings.

  • Theft Deterent Discount – Cars and trucks optioned with advanced anti-theft systems are stolen with less frequency and earn discounts up to 10% off your car insurance quote.
  • Low Mileage Discounts – Keeping the miles down on your Cadillac can earn cheaper premium rates.
  • Onboard Data Collection – Insureds who allow their company to look at where and when they drive by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they have good driving habits.
  • Responsible Drivers – Drivers who don’t get into accidents can save as much as half off their rates for XTS coverage than their less cautious counterparts.
  • New Vehicle Savings – Buying a new car model can get you a discount because new vehicles have to meet stringent safety requirements.
  • E-sign Discounts – Some of the larger companies give back up to $50 simply for signing on the web.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to all coverage premiums. Some only apply to the cost of specific coverages such as comp or med pay. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck.

A list of companies and some of the premium reductions they offer can be read below.

  • Progressive policyholders can earn discounts including multi-vehicle, good student, online signing, homeowner, and continuous coverage.
  • MetLife includes discounts for multi-policy, good student, defensive driver, good driver, accident-free, claim-free
  • Mercury Insurance offers discounts including multi-car, location of vehicle, age of vehicle, multi-policy, and low natural disaster claims.
  • Nationwide may include discounts for easy pay, accident-free, Farm Bureau membership, family plan, anti-theft, and multi-policy.
  • GEICO has savings for federal employee, air bags, seat belt use, emergency military deployment, multi-policy, five-year accident-free, and military active duty.
  • AAA discounts include pay-in-full, good student, multi-car, AAA membership discount, multi-policy, education and occupation, and anti-theft.

Double check with every prospective company to give you their best rates. Some discounts listed above may not apply in your area.

When to get professional advice

When choosing the right insurance coverage for your vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions might help in determining whether or not you may require specific advice.

  • Should I buy full coverage?
  • How much can I save by bundling my policies?
  • Am I covered if I drive in a foreign country?
  • What is covered by UM/UIM coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need to file an SR-22 for a DUI in my state?
  • Should I put collision coverage on all my vehicles?
  • Can my babysitter drive my car?
  • Are rental cars covered under my policy?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

The largest companies are not always cheapest

Consumers constantly see and hear ads that promise big savings from the likes of State Farm, GEICO and Progressive. They all make the same claim about savings after switching your auto insurance policy to them.

But how can every company give you a better price? It’s all in the numbers.

Insurance providers provide the lowest rates for the type of customer that is profitable for them. One example of a desirable insured might be described as a mature driver, owns their home, and has excellent credit. Someone who fits those characteristics will get the preferred premium rates and have a good chance to save when they switch companies.

People who are not a match for this ideal profile will be quoted a more expensive rate with the end result being business going elsewhere. The wording the ads use say “people that switch” but not “all drivers who get quotes” save that much money. That’s why companies can truthfully make claims like that.

Because each company has a different risk profile, drivers must get price quotes at each policy renewal. It’s just too difficult to predict with any certainty which company will have the best prices for your profile.

Specifics of your insurance policy

Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types found on the average insurance policy.

Liability coverages

Liability coverage protects you from damage or injury you incur to other people or property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like attorney fees, funeral expenses, legal defense fees, structural damage and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses like rehabilitation expenses, chiropractic care and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, theft and hail damage. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Cadillac XTS.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Collision insurance

This coverage will pay to fix damage to your XTS from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, backing into a parked car and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Take this to the bank

Throughout this article, we presented many ways to reduce 2014 Cadillac XTS insurance rates online. It’s most important to understand that the more you quote car insurance, the higher the chance of saving money. Consumers may even find the biggest savings come from a small mutual company. Regional companies can often provide lower car insurance rates in certain areas compared to the large companies like State Farm, GEICO and Nationwide.

There are still a few companies who do not provide rate quotes online and many times these smaller companies sell through local independent agents. Discount 2014 Cadillac XTS insurance is possible online in addition to local insurance agencies, so you should be comparing quotes from both to have the best rate selection.

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